How to calculate Arrears?

Sometimes, salary revisions are done retrospectively from many months before. Hence, arrears (difference in salary) for all those months must be paid. The arrears calculator determines the difference between the revised pay and actual pay for the arrears period, and then updates the arrears components. Various concerns, such as taxation and statutory deductions, are automatically handled.

Follow the below path to know how to calculate arrear on greytHR.

To view the existing record of arrears processed, navigate to Payroll > Payroll Inputs > Arrears.

On the Arrears page that appears, you can perform the following tasks:

Process arrears for all employees or for an individual employee in a batch

Process arrears for all or selected batches

For each batch, get details of the payroll month, employee count and date from which the arrear is effective (with respect to the batch).

Expand each batch to see the employee number, employee name and arrear amount

Edit a batch, delete an employee or a batch, view statement of a batch or employee